Kokuyo Co., Ltd.

Kokuyo Co., Ltd.

4.48
EUR
+0.04
(+0.90%)
Oct 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
608.91
619.43
643.17
650.26
667.18
666.21
676.79
635.3
682
650.87
713.7
747.09
809.48
- -
Basic EPS, GAAP
10.15
10.71
13.34
25.75
31.71
30.08
32.35
17.53
29.19
39.44
41.4
48.04
48.3
- -
Free Cash Flow per Basic Share
12.79
21.35
13.72
38.74
26.65
35.48
25.1
26.6
33.55
8.76
61.63
19.09
6.97
- -
Dividend per Share
3.76
3.75
3.75
4.37
6.99
7.86
8.6
9.98
10.27
13.37
15.37
18.07
21.47
- -
Book Value per Share
345.83
355.68
378.31
393.75
428.27
437.92
463.73
474.6
491.9
514.47
552.33
574.84
584.97
604.15
Tangible Book Value per Share
323.61
334.37
358.22
373.59
410.82
422.09
447.78
458.96
476.27
478.76
515.89
546.25
549.91
567.39
Basic Weighted Avg Shares
473
473
473
473
473
473
473
473
469
462
461
454
445
433
Sales/Revenue/Turnover
288,083
293,054
304,276
307,625
315,622
315,155
320,200
300,644
320,170
300,929
328,753
338,837
359,876
- -
Operating Margin (%)
2.23
2.59
3.65
5.02
5.57
5.81
5.23
4.93
6.25
6.36
7.25
6.65
7.29
- -
Depreciation Expense
7,121
7,138
7,202
6,510
6,515
6,365
6,104
6,146
6,925
7,102
8,571
8,960
8,638
- -
Net Income, GAAP
4,804
5,065
6,312
12,182
15,000
14,231
15,303
8,297
13,703
18,237
19,069
21,787
21,473
- -
Effective Tax Rate (%)
38.79
33.14
41.2
29.21
19.38
29.25
28.84
33.29
36.67
20.5
30.64
35.75
30.44
- -
Profit Margin (%)
1.67
1.73
2.07
3.96
4.75
4.52
4.78
2.76
4.28
6.06
5.8
6.43
5.97
- -
Working Capital
56,614
73,792
76,719
84,166
96,683
109,872
110,636
112,891
125,667
135,507
138,876
165,142
153,776
153,133
LT Debt
14,243
19,085
15,081
8,321
8,224
8,480
8,389
5,215
5,119
5,000
- -
101
16
10
Total Equity
165,655
170,351
180,792
188,039
204,492
208,961
221,278
226,334
230,105
239,616
253,425
264,060
255,455
258,406
Return on Invested Capital (%)
2.02
2.57
3.25
5.2
6.51
5.8
5.14
4.13
5.22
6.14
6.37
5.3
6.77
- -
Return on Capital (%)
2.64
2.71
3.24
5.97
7.06
6.5
6.73
3.59
5.73
7.45
7.42
8.21
8.1
- -
Return on Common Equity (%)
3.06
3.05
3.64
6.67
7.71
6.95
7.17
3.74
6.05
7.82
7.79
8.5
8.38
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
4,758
- -
3,640
LT Borrowings
144
- -
10
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
453
430
422
Market Capitalization
- -
- -
- -

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
243,877
- -
229,414
Cash, Cash Equivalents & STI
130,590
- -
98,434
Accounts Receivable, Net
69,985
- -
76,551
Inventories
38,296
- -
44,815
Total Current Liabilities
88,785
- -
76,281
Payables & Accruals
- -
- -
- -
ST Debt
4,758
- -
3,640
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.56%
2.5%
-3.26%
Free Cash Flow
57.92%
83.62%
-64.2%
Net Income, GAAP
18.84%
23.12%
-1.44%
Sales/Revenue/Turnover
1.81%
3.8%
6.21%
Total Cash Common Dividend
19.14%
15.42%
16.5%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
95,935
82,746
- -
- -
338,837
2025
- -
- -
- -
- -
359,876
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
26.37
8.05
- -
- -
48.04
2025
- -
- -
- -
- -
48.3
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8.59
-0.03
- -
- -
18.07
2025
- -
- -
- -
- -
21.47
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hidekuni Kuroda
Full Time Employees
8,079
Sector
Producer manufacturing
Industry
Office equipment/Supplies
Address
5-54 Ofuka-cho Osaka OS Japan 537-8686
IPO Date
Mar 1, 1971
Business
Kokuyo Co., Ltd. manufactures and markets office furniture, stationery products, and related services as a work and lifestyle company primarily in Japan, Asia, and select international markets. The company offers office furniture including desks, chairs, filing cabinets, and public space fixtures; stationery such as Campus notebooks, writing instruments, and paper products; office supplies via its Kaunet mail-order platform and Benri Net purchasing management system; spatial design and consultation services; interior retail; and household goods. Founded in 1905 and headquartered in Osaka, Japan, Kokuyo operates through segments encompassing furniture, business supply distribution, stationery, and interior retail, with key subsidiaries including Kokuyo Camlin in India and Lamex in Asia. Geographically, it maintains strong positions in Japan, China, India, ASEAN countries including Singapore and Vietnam, and other regions through production, sales, and showroom networks. In recent developments, Kokuyo acquired HNI Office India Ltd. in 2025, rebranding it as Kokuyo Workplace India to bolster its office furniture presence and target threefold revenue growth in India over five years through expansions into residential real estate, lifestyle, and education segments; completed the 2022 acquisition of HNI Hong Kong (now Kokuyo Hong Kong) to enhance production for China and Asian markets; announced plans for a controlling stake in Vietnamese stationery firm Thien Long; and opened a consolidated showroom and office in Singapore on November 28, 2025, as an experience lab under its Unite for Growth 2027 medium-term plan aligned with the CCC 2030 vision targeting 500 billion yen in net sales.